Tuesday, September 24, 2019
Competitive Advantage Research Paper Example | Topics and Well Written Essays - 1000 words
Competitive Advantage - Research Paper Example While there exists competitors that constitute operational threats for Timââ¬â¢s Coffee Shoppe, the coffee shop has managed to outperform its competitors in various aspects. In its line of operation, Timââ¬â¢s Coffee Shoppe remains committed to the goal of satisfying its customers. This is in line with the primary objective of capturing a substantial market share in the industry within which the company operates. By comparing Timââ¬â¢s Coffee Shoppe with the two identified competitors in the matrix above, the strengths and weaknesses that characterize the companyââ¬â¢s operations are highlighted. Timââ¬â¢s Coffee Shoppeââ¬â¢s operational quality is not the best in town. However, this matches Queequegââ¬â¢s Coffee quality level, but it is outperformed by Tim Hortons. In general, the quality associated with Timââ¬â¢s Coffee Shoppe is desirable. It accounts for a given level of the coffee shopââ¬â¢s strengths. Although the strength therein is relatively limited, there is room for improvement. By evaluating the outperformerââ¬â¢s operations and quality management practices, Timââ¬â¢s Coffee Shoppe can enhance its quality strength. The outlets owned and managed by Timââ¬â¢s Coffee Shoppe constitute a substantial strength for this coffee operator. In fact, this strength outperforms that of its competitors. Timââ¬â¢s Coffee Shoppe is located in close proximity with busy and high demand areas like railways and universities. While both competitors have more locations than Timââ¬â¢s Coffee Shoppe, their locations are not as strategically placed as those of Timââ¬â¢s Coffee Shoppe. In this respect, Timââ¬â¢s Coffee Shoppe enjoys an operational advantage over its competitors. Employees are essential drivers of the operations undertaken by any given company. Even with the need for Timââ¬â¢s Coffee Shoppe to outperform its competitors, the company has not adequately addressed employee issues. Employee reorganization and the observance of management dynamics are vital from time to time, as an
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